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Leo Melamed Quotes
This agreement contributes to the deepening liquidity in the foreign currency market in China.
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Leo Melamed
The world situation is a very skittish situation right now and our investor world has been a little bit over-complacent in my view. I think you're getting warning shots around the world and I think we ought to pay heed.
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Leo Melamed
The portfolio [exposure] of $50,000 is quite low, actually.
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Leo Melamed
No doubt, in the next 20 to 25 years, Asia is where the growth is coming. They're going to need those risk-transfer markets.
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Leo Melamed
I think the bond market has a problem. In one respect, you have flight to quality, in another, the jobs report was very, very strong, and clearly inflationary pressures are there.
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Leo Melamed
Clearly the Chinese market is going to overwhelm everything else in Asia. In the last five, six, seven years, we have concentrated entirely on China.
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Leo Melamed
$50,000 is ... the number I think the retail investor can use.
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Leo Melamed
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